KFC is the largest chicken fast-food operators, developers and franchisees in the world. KFC, a wholly owned subsidiary of PepsiCo, work until the second half of 1997, more than 5,000 in the United States, where about 60% of the franchise. Internationally, there are views of more than 3,700 KFC units, of which two thirds are ache franchise.
By buying direct wholly owned and franchised, the company involved in the joint venture, and to study alternative sites continue to be in an increasingly competitive market fast-food.
In late 1997, the company is expected to become an integral restoration Yum, a wholly owned subsidiary of PepsiCo formed out of the revolving restaurant companies. (Murasakibara-murasakibara.blogspot.com, 2015)
Introduction
Harland Sanders in Corbin, Kentucky is the one who founded KFC. Harland Sanders was born on a small farm in Henryville, Indiana, USA, in 1890. Harland Sanders loved to cook and also to invent a new recipe. One day, he tested 11 herbs and spices flour mixture, until he achieved the success it has a recipe for cooking chicken. Harland Sanders opened the first factory has 142-seat restaurant, motels, gas stations. In 1930, become famous all over the world began to develop the image. First, he was appointed Honorary Colonel Sanders Kentucky state governor, second, developed a taste and unique pressure -frying chicken quickly.
However, he signed his first franchise to Pete Harman in 1952, who is the owner
At the start of World War II, Truett and his brother served in the army and when they returned in 1946, he furthered his dream in business by opening a small restaurant named the Dwarf Grill. Once the business aspect of his life was doing well he decided to focus a little more on his love life.
It is no secret that Americans generally enjoy fast food and chicken. In fact, each year the average American eats approximately seventy-three and a half pounds of chicken (2011, June 19). So how well do two of the most successful chicken-based fast food restaurants compare in convenience, quality, and variety? A comparison must be made between Chick-fil-a and Zaxby’s to find out.
Truett Cathy is the founder of the famous Chick-Fil-A, and also an entrepreneur. Cathy was born on March 14, 1921 in Eatonton, Georgia, a typical southern man who came up with a masterplan idea to create this popular fast-food restaurant. Earlier in his life, Cathy served in the army during WWII. Later on, Cathy and his brother/ business partner opened a restaurant which included this magnificent chicken sandwich, which later became the signature item for Chick-Fil-A. Of course, his original restaurant called Dwarf House is still in operation today in the metro Atlanta area. After finding this company, he was married and had three children, one girl and two boys named Don, Dan, and Trudy.
In 1937 he moved to Alabama on a plantation with his wife. He then purchased two newspapers. He owned slaves, but after an altercation with his neighbor, the slaves were poisoned. With no work force he had to sell his plantation. His only income was from a newspaper Cahawba, which was not very profitable.
One of their biggest competitors is KFC. In 2014, KFC was announced the former largest fried chicken franchises in the US. This was because Chick-fil-a was announced the largest. Chick-fil-a is also competing with McDonald’s corporation, Popeyes, and Yum Brands Inc.
He was born into a family full of politicians. His grandpa served on the Senate and as Attorney General under Thomas Jefferson. His grandfather also helped present the Kentucky Resolutions and helped with the Louisiana Purchase. His
Introduction
The restaurant industry in the United States had annual sales of $ 631.8 billion and employs 12.9 million people in 2012. Even in times of recession there is little evidence that this industry has seen a decline especially in its fast food and quick service segment. But with a depressed economy with no immediate upward trend in the near future, majority of the customers indicated that they would either curtail their spending on eating or best maintain its current level which is certainly going to affect the future of many restaurants in the industry. Chipotle is part of the fast casual segment of the U.S industry with over 1,600 restaurants.
Sensitivity Analysis
The sensitivity analysis focuses on examining how Chipotle’s valuation changes when some key inputs vary.
Two of the most important inputs of the valuation are the weighted average cost of capital (WACC) and the perpetuity growth rate. In this thesis, it is assumed that Chipotle would have a WACC of 6.65% and a perpetuity growth rate of 2.84%, which would result in a share price of $443.90 for Chipotle.
The first time I have heard of the Chick-fil-A Franchise Opportunity was in the
discussion about good opportunities of starting business in the Facebook community. My interest
in different business opportunities to bring a change to my life prompted me to check what
Chick-fil-A Franchise could offer to a motivated individual committed to developing one’s own
business and making it successful entrepreneurships experience.
I have studied a list of the top-ranking global franchises, their profiles and the industries
they operate in. The American Franchisee Association was also a helpful resource for learning
more about franchise opportunities. Out of the one hundred companies and corporations listed,
eight represent franchises that are
Introduction
Chick-fil-A (CFA) is a restaurant chain admired by many but it also attracted a lot of controversy over the last few years. The founder, Truett Cathy, have created a culture that differentiates the organization from most other fast-food chains, and the company have stayed true to its values till the present days. In this case study, the company’s competitive advantage, the strategic leadership initiatives that helped the company attain success, how it responded to its external environment, and the strategic challenges it is facing are discussed. In addition, findings on the company’s approach on its international expansion and its status as a privately-owned company are included, and possible directions the company might take in these areas are suggested.
Introduction
Company Summary
The franchisor is Chick-fil-A, Inc. Franchisees (referred to as Operators) will operate a franchised Chick-fil-A Restaurant business which is a quick-service restaurant specializing in a boneless breast of chicken sandwich. Chick-fil-A Restaurants are established in free-standing locations as well as in non-free-standing locations, including mall and in-line units, non-traditional locations, and locations which are drive through only.
Mission Statement
Chick-fil-A doesn’t have an official mission but express it through its purpose: “To glorify God by being a faithful steward of all that is entrusted to us.
Introduction
Subway is an American fast food restaurant franchise that primarily sells sandwiches andsalads. It is owned and operated by Doctor 's Associates Inc. Subway is one of the fastest growing franchises in the world, with 44,280 restaurants in 110 countries and territories as of September 18, 2015. ] It is the largest single-brand restaurant chain and the largest restaurant operator in the world.
Burger King (BK) is an American global chain of hamburger fast food restaurants. Headquartered in the unincorporated area of Miami-Dade County, Florida, the company was founded in 1953.
Burger King 's menu has expanded from a basic offering of burgers, French fries, sodas, and milkshakes to a larger and more diverse set of products. In 1957, the "Whopper" became the first major addition to the menu, and it has become Burger King 's signature product since.
Pizza Hut was established by Dan and Frank Carney in Wichita, Kansas, USA in the year 1958.
Pizza Hut Inc. is one of the prevalent pizza companies worldwide. It was a subsidiary of Pepsi Co Inc. from the year 1977 – 1997. It is a wholly owned subsidiary of YUM! Brands since 1997 to present.
